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Beverages – World News
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Suntory launches Spain’s beloved La Casera in UK RTD alcohol market
La Casera enters the UK market as demand for wine-based spritz drinks and RTD alcohol continues to rise.
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illycaffè unveils sustainable X-CAPS coffee system
New capsule system features sustainable design, innovative brewing technology, and supports illycaffè’s ongoing international expansion and revenue growth.
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Starbucks India targets aggressive expansion despite FY24 losses, declining revenue
Despite a US$9.28M crore loss in FY24, Starbucks India plans rapid expansion with a focus on store formats and product innovation.
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Diageo trades Ciroc North America rights for majority stake in Tequila Brand Lobos 1707
Diageo restructures spirits portfolio by swapping Ciroc North America brand rights for global majority control of Lobos 1707 Tequila.
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Global alcohol market volumes dip below pre-pandemic levels as RTDs, Spirits show resilience – IWSR
Shifting consumption trends, economic pressures, and on-trade closures impact global alcohol sales across major markets.